Posted by coffeepimple > 2015-08-12 16:06 | Report Abuse

cash is king for those who dare not to take risk and already losing, stop say cash is king, it just shows you never have a chance to earn money !! oh ya, forget a lot of ppl cant money in stocks.

Posted by SP0094701 > 2015-08-12 18:03 | Report Abuse

Next round klse test on 1500

Posted by ahbeng77 > 2015-08-13 09:31 | Report Abuse

i think today is a good time to sell for profit as many uncertainty out there! who knows ringgit will drop till 4.30, 4.50 or further... my 2 cents.

Posted by alphajack > 2015-08-13 20:12 | Report Abuse

1.05-1.10 back soon..goreng coming..got source say..kikiki

Posted by joel > 2015-08-13 21:10 | Report Abuse

U r right, SP0094701.
Bcos US will rise interest on September2015.

Posted by dongfeng > 2015-08-14 00:38 | Report Abuse

Even this counter earn USD also cant fight with klse. haizzzz

Posted by almaine > 2015-08-14 09:41 | Report Abuse

lets move back up to 1.00-1.05....usd 3.0580 now

Posted by valueinvestor000 > 2015-08-14 09:43 | Report Abuse

@almaine, it is RM4.0580 right?

Posted by almaine > 2015-08-14 09:45 | Report Abuse

yea, haha.....

Posted by Kitty Kitty > 2015-08-14 09:56 | Report Abuse

The exchange rate will boost even more of homeritz sales next quarter

Posted by hissyu2 > 2015-08-14 10:28 | Report Abuse

don't against the trend... last quarter GDP is bad, 4.9% is still bad....

Posted by hissyu2 > 2015-08-14 10:29 | Report Abuse

malaysia didn't solve any problems yet...

Posted by valueinvestor000 > 2015-08-14 11:05 | Report Abuse

yea, agreed. Just a matter of time now. with currency keep slumping now. Cant see the bottom

Posted by mykasih99 > 2015-08-14 11:32 | Report Abuse

Did you see what just happened? The devaluation of the yuan by China triggered the largest one da y drop for that currency in the modern era. This caused other global currencies to crash relative to the U.S. dollar, the price of oil hit a six year low, and stock markets all over the world were rattled.

The Dow fell 212 points on Tuesday, and Apple stock plummeted another 5 percent. As we hurtle toward the absolutely critical months of September and October, the unraveling of the global financial system is beginning to accelerate. At this point, it is not going to take very much to push us into a full-blown worldwide financial crisis. The following are 12 signs that indicate that a global financial crash has become even more likely after the events of the past few days…

#1 The devaluation of the yuan on Tuesday took virtually the entire planet by surprise (and not in a good way). The following comes from Reuters…

China’s 2 percent devaluation of the yuan on Tuesday pushed the U.S. dollar higher and hit Wall Street and other global equity markets as it raised fears of a new round of currency wars and fed worries about slowing Chinese economic growth.

#2 One of the big reasons why China devalued the yuan was to try to boost exports. China’s exports declined 8.3 percent in July, and global trade overall is falling at a pace that we haven’t seen since the last recession.

#3 Now that the Chinese have devalued their currency, other nations that rely on exports are indicating that they might do the same thing. If you scan the big financial news sites, it seems like the term “currency war” is now being bandied about quite a bit.

#4 This is the very first time that the 50 day moving average for the Dow has moved below the 200 day moving average in the last four years. This is known as a “death cross”, and it is a very troubling sign. We are just about at the point where all of the most common technical signals that investors typically use to make investment decisions will be screaming “sell”.

#5 The price of oil just closed at a brand new six year low. When the price of oil started to decline back in late 2014, a whole lot of people were proclaiming that this would be a good thing for the U.S. economy. Now we can see just how wrong they were.

At this point, the price of oil has already fallen to a level that is going to be absolutely nightmarish for the global economy if it stays here. Just consider what Jeff Gundlach had to say about this in December…

And back in December 2014, “Bond King” Jeff Gundlach had a serious warning for the world if oil prices got to $40 a barrel.

“I hope it does not go to $40,” Gundlach said in a presentation, “because then something is very, very wrong with the world, not just the economy. The geopolitical consequences could be — to put it bluntly — terrifying.”

#6 This week we learned that OPEC has been pumping more oil than we thought, and it is being projected that this could cause the price of oil to plunge into the 30s…

Increased pumping by OPEC as Chinese demand appears to be slackening could drive oil to the lowest prices since the peak of the financial crisis.

West Texas Intermediate crude futures skidded through the year’s lows and looked set to break into the $30s-per-barrel range after the Organization of the Petroleum Exporting Countries admitted to more pumping and China devalued its currency, sending ripples through global markets.

#7 In a recent article, I explained that the collapse in commodity prices that we are witnessing right now is eerily similar to what we witnessed just before the stock market crash of 2008. On Tuesday, things got even worse for commodities as the price of copper closed at a brand new six year low.

#8 The South American debt crisis of 2015 continues to intensify. Brazil’s government bonds have been downgraded to just one level above junk status, and the approval rating of Brazil’s president has fallen into the single digits.

#9 Just before the financial crisis of 2008, a surging U.S. dollar put an extraordinary amount of stress on emerging markets. Now that is happening again. Emerging market stocks just hit a brand new four year low on Tuesday thanks to the stunt that China just pulled.

#10 Things are not so great in the United States either. The ratio of wholesale inventories to sales in the United States just hit the highest level since the last recession. What that means is that there is a whole lot of stuff sitting in warehouses out there that is waiting to be sold in an economy that is rapidly slowing down.

#11 Speaking of slowing down, the growth of consumer spending in the United States has just plummeted to multi-year lows.

#12 Deep inside, most of us can feel what is coming. According to Gallup, the number of Americans that believe that the economy is getting worse is almost 50 percent higher than the number of Americans that believe that the economy is getting better.

Things are lining up perfectly for a global financ

Posted by mykasih99 > 2015-08-14 11:33 | Report Abuse

Things are lining up perfectly for a global financial crisis and a major recession beginning in the fall and winter of 2015.

But just because things look like they will happen a certain way does not necessarily mean that they will. All it takes is a single “event” of some sort to change everything.

Posted by alphajack > 2015-08-14 13:48 | Report Abuse

sold eveeything..my final last bit of stock is this and all in the put index warrants now..bb Malaysian stocks..see you at 60c soon Homeritz, kikikikiki

Posted by WanMei Chin > 2015-08-14 14:00 | Report Abuse

Alphajack asked ppl to be confident and hold the shares but he sold all

Posted by alphajack > 2015-08-15 00:22 | Report Abuse

Oh i didnt sell all yet. sold 90k but still have 110k..didnt hit RM1 earlier..lol.. I will just hold for now la since got dividend coming..just reduced my exposure so I can buy back cheap at 90c if market tanks more. Sold some doesnt mean I still dont believe in the upside here. Just be more risk adverse ok? tq

Posted by ahbeng77 > 2015-08-15 10:43 | Report Abuse

just keep some cash, if the share price going down will buy some for long term invest!

Posted by Unbeatable Nick > 2015-08-15 11:15 | Report Abuse

feel like its on wave B in flag form, then may drop as wave C, 1st support 0.825, 2nd support 0.700,,,,,,,just MAY BE

Posted by Bilis Bilis > 2015-08-15 12:37 | Report Abuse

DatukKong's 10 defensive stocks as RM4.00 --RM4.70 next 4 mths:

# Homeriz 0.95 Immediate: Downside (2 days -0.08=0.88) Upside (10days +0.15=1.08)
If materialise......next 1-4 mths keep guiding up to fill the gap @1.32

Posted by Unbeatable Nick > 2015-08-15 13:09 | Report Abuse

relooked again with EWO, this might just be a wave 4, so may still go up as wave 5,,,lets see

Posted by Bilis Bilis > 2015-08-15 13:44 | Report Abuse

Bilis Bilis
DatukKong's 10 defensive stocks as RM4.00 --RM4.70 next 4 mths:

# Homeriz 0.95 Immediate: Downside (2 days -0.08=0.88) Upside (10days +0.15=1.08)
If materialise......next 1-4 mths keep guiding up to fill the gap @1.32
15/08/2015 12:37

Posted by ahbeng77 > 2015-08-17 10:01 | Report Abuse

already unloaded some of Homeritz at 94cents... looks like downtrend is still on going....:( ....

Posted by alphajack > 2015-08-17 19:12 | Report Abuse

dumped the rest of this trash also. all in put warrants now and cash. Bai bai. will come back when 70 cent kikikikikii

Posted by sell > 2015-08-17 19:12 | Report Abuse

Many stocks drop a lot. Why Homeritz so expensive(RM 1.35 before bonus)? 70sen also not cheap.

Posted by WanMei Chin > 2015-08-17 19:28 | Report Abuse

Alphajack again

Posted by sell > 2015-08-17 21:03 | Report Abuse

50sen better(75sen before bonus).

Posted by ahbeng77 > 2015-08-18 09:48 | Report Abuse

market is rebounding mode.... sell to keep some cash!

Posted by icon999999 > 2015-08-18 09:50 | Report Abuse

alphajack not buy a lot meh...he keeps promote last time...haha

Posted by ahbeng77 > 2015-08-18 10:07 | Report Abuse

market rebound is time to cash out!

Posted by sarariman > 2015-08-18 11:12 | Report Abuse

aiyahh don't panic. cash is also depreciating anyway xD I'd still rather keep stocks xDD but ofc it's always good to hold some cash lah.

Posted by lcube > 2015-08-18 13:31 | Report Abuse

So true.Cash depreciating faster than my portfolio and worst still its value is eroded by inflation.Keeping good stocks preserve the value better as of now

Posted by sarariman > 2015-08-18 17:22 | Report Abuse

thumbs up to that! :)

Posted by gungho92 > 2015-08-18 21:22 | Report Abuse

wow. Icube. really wise thoughts.

Posted by winston1 > 2015-08-18 22:11 | Report Abuse

Dont go in when dead cat bounce

Posted by Kitty Kitty > 2015-08-19 07:30 | Report Abuse

this is not kitty la .. its a lion in disguise

Posted by Lim Sip Yee > 2015-08-19 07:31 | Report Abuse

keep for 2 year :D and wait for the result :D

Posted by jackyooi2008 > 2015-08-19 17:31 | Report Abuse

should go to 1.42 target price after 2 yrs.

Posted by Kitty Kitty > 2015-08-19 20:53 | Report Abuse

anticipating more than that

Posted by LanSeeBoy > 2015-08-19 20:58 | Report Abuse

Impressed with their financials. Limited mgt bandwidth may retard further growth. Decent ikan bilis in a big pond.

Posted by ahbeng77 > 2015-08-20 09:50 | Report Abuse

new round of falling (KLSE) start?

Posted by Kitty Kitty > 2015-08-20 12:06 | Report Abuse

new rounds of klse up

Posted by boonboon > 2015-08-20 14:14 | Report Abuse

should wait for FED rate hike announcement 1st?

Posted by Lim Sip Yee > 2015-08-20 15:01 | Report Abuse

逆市 而走 好股就是好股 :D

Posted by Upmaster > 2015-08-20 16:10 | Report Abuse

keep buy back & buy back, loss become win..HAHA

Posted by icon999999 > 2015-08-21 09:50 | Report Abuse

soon rm1

Posted by Kitty Kitty > 2015-08-24 09:18 | Report Abuse

caught some cheap today wor

Posted by sarariman > 2015-08-24 13:33 | Report Abuse

cheap becomes cheaper lol

Posted by Treasury > 2015-08-24 15:36 | Report Abuse

Still manage to 'cabut', should i do that? hai....